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Walk out the front door in Ulaanbaatar and plumes of smoky grit compete with air for lung space. Welcome to the frontier of the mining boom.

Founded by a community of nomadic Buddhist monks, the Mongolian capital has morphed into an inner Asian boomtown. Irish pubs, French cafes and, to the astonishment of the monks that remain, short shirts, have invaded the city.

As the population grows—it has expanded 70% over the past few years—brick dwellings have replaced tents. Economic growth is close to 20% a year and has brought shopping malls, slick steel...

Hi Nathan I have two questions ; WHC, I was fortunate enough to get in at $1.45 should I sell at current $1.75 or hang in or even get more? Secondly stocks on your 'hold 'list are they still considered good investments but at present the...

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